Finance news

There may be a lot of great brokers online, but what is the best online brokerage for you in Canada this year?For the 14th time, MoneySense has partnered with Surviscor, a leading Canadian research and consulting firm specializing in customer experiences with digital and direct financial services, to offer an authoritative comparison of the various offerings for Canadian investors. The methodology is powered by Surviscor’s deep and unbiased research.With more firms competing for your attention

$1.25 here, $1.75 there. Sometimes, bank fees can seem minimal enough, but the Financial Consumer Agency of Canada says the bigger picture on how much Canadians pay in bank fees might be more murky than it should be.The agency said in a review, released Friday, that while many bank fees seem relatively small on an individual basis, they can add up over time, and in some cases, the full fee structure is embedded in a transaction, making it less visible to the consumer. “Our banks are very well

Loblaw says it is starting to notify about two million Canadians who were affected by a data breach in March with specifics about which personal information of theirs leaked. The grocer is notifying affected consumers directly about the breach, which may have revealed data including their name, email address, home address, date of birth, loyalty card number, certain purchase order details and partial payment card information. Although, it says the extent of the leak is different for everyone an

If you receive the Canada Pension Plan (CPP) or Old Age Security (OAS), including the Guaranteed Income Supplement (GIS), you will get your payments from the government soon.Service Canada is issuing this month’s payments on Wednesday, October 28, 2026.Here’s what you should know about your eligibility and expected amount, per the Government of Canada.What are Canada Pension Plan (CPP) payments?The Canada Pension Plan a taxable monthly benefit that replaces part of your income after you reti

You’ve heard all the arguments for creating your own DIY investment portfolio: the potential savings on fees (especially important for new and smaller investors), the ease of using exchange-traded funds (ETFs), and the ability to build and manage a portfolio on your own terms.Still, the responsibility of opening your own brokerage account and populating it with ETFs that will help you reach your goals can be daunting. There are more than 2,000 ETFs trading in Canada and thousands more around t

Synthetic identity fraud, a growing strain of online fraud targets not individuals, but businesses both large and small.For the victims of digital fraud, it’s personal. It can feel like they were specifically preyed upon. But the fact is cyber criminals don’t care whether their ill-gotten gains come from individuals, small businesses or banks, or who is left violated. What they care about is that the scam works—and that they don’t get caught. If you own or operate a business, you should

Jill had spent years building her retirement savings in Canada when she started thinking about what would happen to that money after she was gone. Jill lives in Canada and has built a substantial retirement portfolio, including a Canadian RRIF. Her son, Jack, lives in the United States.Like many parents, Jill assumed that if she named Jack as the beneficiary of her RRIF, the account would simply pass to him when she died. But the answer is not quite that simple. The fact that Jack lives in the U